Final Exam Computerized Accounting 2 correctly answered to pass

Final Exam Computerized Accounting 2
correctly answered to pass

Using the function key F7 saves the current record in the maintenance windows. - correct answer
✔✔False



The Navigation Bar is on the left side of Sage 50's windows - correct answer ✔✔True



The function key <F1> displays online help topics for the current windows. - correct answer ✔✔True



The icons used in Sage 50 are the same on every window. - correct answer ✔✔False



Sage 50's backup feature works with what other Sage 50 feature? - correct answer ✔✔Restore



Tabs are a common feature on Sage 50 windows - correct answer ✔✔True



The Edit menu allows you to do the following? - correct answer ✔✔Find Transactions



The options menu has selections that allow the user to? - correct answer ✔✔Check global settings



The only way to access commands in Windows is to use the drop-down menus - correct answer ✔✔False



One advantage of Windows is that it standardizes terms and operations used in software programs. -
correct answer ✔✔True



You can close or exit by clicking on the 2 windows button on a window's title bar - correct answer
✔✔False

,The file extension for Sage 50 backup files is? - correct answer ✔✔.ptb



In the computer accounting cycle, the following report is not included - correct answer ✔✔Worksheet



Using the function key F1 displays the online help window - correct answer ✔✔True



To display the size of your backup file, you can use the Windows program called - correct answer ✔✔File
Explorer



The purpose of using the sample company is to become familiar with? - correct answer ✔✔The software



If you are not familiar with Microsoft Windows, using Sage 50 will help you become familiar with the
Windows operating system - correct answer ✔✔True



Menu choices that are followed by an ellipsis (...) are associated with? - correct answer ✔✔Dialog boxes



The name of the sample company or companies that are included in the Sage 50 2017 software are
called? - correct answer ✔✔Bellwether Garden Supply and Stone Arbor Landscaping



Commands that Sage 50 automatically selects are called? - correct answer ✔✔Defaults



When you click on the Print icon on the Purchase Orders window, you print the purchase order and also
post the purchase order journal - correct answer ✔✔True



The following accounts are debited and credited when you purchase inventory on account - correct
answer ✔✔Dr. Inventory account; Cr. Accounts payable/vendor



In Sage 50, the Purchases/Receive Inventory window is also the purchase order journal - correct answer
✔✔False

, Clicking on the journal icon on the Purchase Orders window takes you to the general ledger - correct
answer ✔✔False



The suggested file name for the first backup in Chapter 2 is? - correct answer ✔✔Chapter 2



In order to show the GL Account column on journal windows, you should uncheck the settings in
Options>Global that hide the general ledger accounts. - correct answer ✔✔True



The contact name for the vendor Adler's Landscaping is? - correct answer ✔✔Philip Adler



In Bellwether Garden Supply, vendors are set up using? - correct answer ✔✔A coding system



The restore feature is used to save data to the current point in Sage 50 - correct answer ✔✔False



To print a vendor check, you use the following menu bar selections? - correct answer ✔✔Reports &
Forms>Forms>Checks>OCR AP Laser Preprinted>Print



The purchase account for Adler's Landscaping is? - correct answer ✔✔57200, Materials Cost



In Sage 50, the Purchases/Receive Inventory window is also the purchase journal - correct answer
✔✔True



In Bellwether Garden Supply, Vendor IDs are? - correct answer ✔✔Uppercase letters



The Vendor Ledgers Report is another name for the - correct answer ✔✔Accounts payable Subsidiary
ledger



Accounts payable transactions refer to transactions with vendors or suppliers - correct answer ✔✔True



When Bellwether Garden Supply orders inventory from vendors, Account No. 12000, Inventory is
credited. - correct answer ✔✔False